By default, you will not have the withdrawal password and 2FA verification enabled on your FTX account. VPNs change your computer or mobile's IP address from the current location, shielding you from threats while making crypto transactions. All you need to do is click on the middle tab (see figure) and choose which tokens to swap. You can also make use of a secured internet connection and do not use public WiFi networks. Click the Withdraw button. Alternatively, you may write it down on paper and store it somewhere safe. Solana may seem like a fledgling in comparison to old-timers like Ethereum and Cardano. Phantom is designed to store your private keys, which are necessary to access your funds across the blockchain. Select Create New Wallet to create a new wallet. Phantom Wallet Tutorial: How to Send, Receive, Stake & Swap on Solana Every Bit Helps 146K subscribers Subscribe 2.1K Share 169K views 1 year ago Cryptocurrency Wallets - Reviews & Tutorials. You push. As explained in this guide there is no direct way to cash out USDC for money. Then click Withdraw and from here you can start the process. Now that you have a brand new wallet, its time to put some funds in it. Example: If you sent VET to your ETH wallet, select ETH - Ethereum in this field. Go to the 'Deposit' button, then select 'Withdrawals' and choose 'Rollbit Coin (RLB)'. REPEAT AFTER ME SOLANA NETWORK FOR SOL/SOLANA. GUIDE: How To Buy Synapse(SYN) on Binance, How To Withdraw From Petra Wallet To Bank Account, Win $50,000 in ACS tokens on Kucoin Exchange, NEW: Integrated Transfer Ethereum(ETH) From Binance to Trust Wallet(No QR code/copy-paste), GUIDE: How to Use Phantom Wallet on Instagram, How To Withdraw ALGO coins From Binance to Trust Wallet, GUIDE: How To Buy Algorand(ALGO) on Binance, How To Withdraw EGLD coins From Binance to Trust Wallet, GUIDE: How To Buy MultiversX(EGLD) on Binance, How To Withdraw NEAR coins From Binance to Trust Wallet, GUIDE: How To Buy Near Protocol(NEAR) on Binance, How To Withdraw APT coins From Binance to Trust Wallet, 7 Most Promising 'NEW' Coins on Binance for 2023, Know what to do before making crypto withdrawals, Best alternatives to transfer and swap crypto for , Upload official documents(passport, identity card, driving license, or else), Take pictures of both sides of the document, Finally, copy SOL address to the clipboard, Create an account at a centralized crypto exchange(like Binance), Start the withdrawal process to your linked bank account, Receive money directly into your bank account. This allows you to buy SOL right away with the current market price, which is the best method for beginners. You can also store it on different devices, but I highly recommend you encrypt each copy. As such, this should not be treated as explicit financial, trading, or otherwise investment advice. I just . and whitelist. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Now, a list of crypto tokens will appear. By continue reading this guide you will get all the answers you are looking for regarding Phantom wallet: As mentioned earlier, Phantom wallet is supported by the Solana blockchain network and is one of the popular crypto wallets to use there. USDC doesnt have a fiat trading pair on Binance. Fees are claimed in the form of the maker / Buy asset. Once you have downloaded the Phantom wallet, write down your seed phrase and use a secure password. The Process to Withdraw SOL from Phantom Wallet. After picking the deposit method, you will be offered two options for transferring the NFT: via Moonpay (to buy NFTs ) or through FTX exchange (to transfer NFTs). . A MoonPay window will open, where you can input the amount you want to spend and the crypto you want to buy. If you want to save the address for future use, you can do so by selecting the Save address checkbox. 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And this is how you withdraw USDC from Phantom wallet! 2) Select the cryptocurrency you are withdrawing Locate the digital currency you want to send and then scroll down until you see the 'Withdraw' button. Double-check if every info is correct, especially the wallet address, then hit Send now. We only recommend companies and products we have personally used, \u0026 any commissions help to pay for content creation. Phantom Wallet: cannot withdraw my stake have staked with a high rated validator, checked this morning and apparently they went inactive, I tried to withdraw my stake & it would not process because of insufficient funds. Next, the app will ask for your basic details, including your full name, date of birth, nationality, and address. From personal experience with this wallet, I feel that I can use the phantom wallet which can incorporate the swap function available in the wallet, moreover, the wallet functions are very complete and easy to use in the same application. It works by generating and managing private keys on behalf of users that allow them to store funds and sign transactions. Create an account to follow your favorite communities and start taking part in conversations. Below are the necessary steps for Binance: Next, go back to your Phantom wallet, enter the password to log in, and find your SOL funds. Paste the withdrawal address on the platform of your choice. Enter your email address In the Phantom wallet, select RLB, click 'Send' and paste the deposit address from Rollbit into the 'Recipient's RLB Address' field. To receive the 2FA code, Tap on , 7. Additionally, Phantom wallet acts as a simple browser extension(Chrome, Brave, or Firefox) and therefore turns your browser into a crypto wallet. A very logical next step would be to trade your USDC for crypto or fiat money. You can follow Phantoms channel on Twitter and Discord. Then, in this step, start copying the wallet you created above Phantom Wallet is CsnQzCykorU6JiM1NnfKfCCNNfy8kj9StcaUCKuraaRD to withdraw. As a result, security is a top priority for them and withdrawing to a bank account requires you to verify(KYC). Withdrawals are processed within 30-60 minutes. Select the saved phantom wallet address and enter the number of coins to be withdrawn. Step 5: Select the coin amount to be withdrawn. Transferring/ withdrawing Solana (SOL) from FTX to Phantom Wallet is not a straightforward task since it involves entering the withdrawal password, 2FA verification, pasting the right address, and selecting the right network. To sell RLB immediately, you must match with an existing buy order in the order book. If you have further questions you can also try to contact Binance support here. Phantom is a digital wallet tailored for Solana and Ethereum. Phantom wallet. On the mobile app, this tab can be found at the very bottom of the interface. Particularly, as Phantom is running on the Solana blockchain network you need to swap your tokens to SOL first. At the bottom of the mobile screen, you will be able to see multiple options, including. First, you need to download and install the Phantom extension, which supports Chrome, Brave, Firefox, and Edge. It will look something like this: 8LhTmuMGCiYNepUa7VgsPJLZNu5j4hXiCNfyKl31kWv. Go to either https://trade.mango.markets/ or https://magiceden.io/, whichever you prefer. Withdrawal hold Certain deposits, such as first time ACH purchases, debit or credit card purchases or digital wallet purchases will trigger a temporary (72 hour) withdrawal hold on the account, for security purposes. Successful wallet creation. For your help, we have described the step-by-step guide to withdraw SOL tokens above in this post. Click on the Add to Chrome button on the chrome extensions page. Creating a wallet will also require a series of steps. But standard transfers usually take about a day. Phantom appears to be the wallet counterpart of Solana, mimicking its immense user growth and nearly unprecedented development in a short period. Tokens can be added to Phantom by going to 'Manage Token List'. Phantom makes it safe & easy for you to store, buy, send, receive, swap tokens and collect NFTs on the Solana blockchain. Also, you might have some crypto funds in your wallet and want to cash out from Phantom Wallet. Particularly, Binance has the following fiat currency trading pairs for SOL available: If you need another currency to transfer your funds to a bank account you should sell your SOL for Bitcoin first. Go to sell, enter the price found at the best bid (that is the buy order with the highest price in the order book) and the amount of RLB you want to sell. Remember that crypto exchanges use custodian wallets for holding crypto and are subject to attack by hackers all the time. However, it might take a few days, depending on where you live. Evan, the founder of Metaroids, is an OG crypto enthusiast and content creator who has explored the world of blockchain, AI, and other cutting-edge tech for nearly a decade. You have to convert it into USD somehow and then withdraw it from a centralized exchange. The main reason for this is that Phantom is connected to smart contracts and runs autonomously. Yes, Phantom is designed to be the decentralized wallet for the Solana blockchain network. As such, it requires an equally functional crypto wallet that can support its ecosystem considering that MetaMask is not compatible with Solana. The same process goes for every other token, but make sure they are Solana-based tokens as thats what Phantom currently supports. Now open to anyone: https://t.co/Y3sK6rwkuN https://t.co/ouGDLZg7Dh, Absofriginlutely loving the @phantom wallet on Solana. $SOL, Turn your favorite browser into a Web3 enabled crypto wallet. To enable the withdrawal password and 2FA verification for withdrawals on FTX, click on the profile icon/ email address located in the top right corner of the webpage. 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Please contact the moderators of this subreddit if you have any questions or concerns. Input the amount you wish to spend in the given field, and then click Buy SOL. 1. Definitely yes! To send RLB to Rollbit, go to 'Deposit', select RLB and copy the address. Look for the cryptocurrency you wish to withdraw and select "Withdraw". Besides trading, Binance offers several other feature-rich products, including custodian wallets, crypto margin trading, lending service, and earning rewards with staking. This is a decentralized exchange with which you can swap tokens. At this point, the withdrawal process for USDC from Phantom to Binance has been finished. The web3 wallet has a built-in DEX that allows you to trade SOL and Solana-based tokens seamlessly. Think of it as an account that is fully controlled by you alone instead of your bank. Having spent some time w/ @phantom's beta, I can say that it makes using @solana a lot more fun. Phantom is a browser wallet (similar to MetaMask) allowing you to store, send and receive the Solana network's native cryptocurrency SOL, as well as other tokens on the network such as RLB, USDC, SRM, ATLAS, and so on. Please enter your username or email address to reset your password. Simply put, the Phantom Wallet is a crypto wallet but doesnt deal with fiat money like EUR, USD, or GBP. You will land on your dashboard. To get started with Dexlab, you'll first have to connect your wallet and have a balance of at least 0.03 SOL in your Phantom wallet to place orders. MoonPay offers an easy way to buy SOL directly on your wallet. You can connect to just about any dApp that runs on the Solana blockchain, whether they be DEXs, NFT marketplaces, other web3 platforms, and many more. Phantom wallet - friendly Solana wallet built for DeFi & NFTs. After clicking Add Withdrawal Address, a search box will appear. It is located in the upper right-hand corner. Second, it is a self-custodial wallet, which means that your private keys are encrypted and stored on your device, not by Phantom. This step requires that you have an account with the Binance exchange and there is already a balance in the wallet to withdraw SOL to the wallet. For that, you need to download and install Ledger Live on your device and install the Solana (SOL) app, which can be found in the catalog. Receive updates on the most significant trends, Receive crucial insights that will help you stay ahead in the tech world, The chance to be part of our OG community, which will have exclusive membership perks. Enter the Withdrawal Password and Complete the 2FA, Then, enter the withdrawal password and the 2FA Code. Use the search bar on the top right-hand side to navigate to the RLB/USDC market. These platforms will automatically detect your wallet, but you have to manually approve it to log in. We try to process the withdrawals as soon as possible. Make sure you have enough SOL to pay for fees. Step 3.1 You will then get 12 keywords. Then, paste the Phantom Wallet address that you have copied in Step 1 in the SOL Address field. Click on your Solana token balance in your wallet Click the "Your Stake" row Choose the validator or staking account you wish to withdraw from Click "Withdraw Stake" Make sure you have enough SOL for gas (0.05 is enough for many transactions) otherwise your transaction will fail. This doesnt mean that you shouldnt use Phantom. Verify all information and confirm the transaction. Remember that Phantom can store all kinds of SPL tokens where SOL is just one of them. But before that, do not forget to check the network connection status on your computer or mobile. Check your Phantom wallet after a minute, your SOL should be there. You'll also need to add the SOL token (which will be necessary to pay the transaction fees when sending RLB). To do that you need to head over to the top part of the site and click Wallet Overview. Phantom doesnt track any personal identifiable information, your account addresses, or asset balances. Now enter the amount of USDC you wish to transfer or click on MAX in the Amount section. To start browsing on the Solana ecosystem Phantom supports you with the following functionalities: Probably you are already using Phantom on a daily basis and are familiar with the functionalities mentioned above. Send us a message through our mobile app or website. If you are having trouble unstaking or withdrawing your SOL it could be for the following reasons: You don't have enough SOL in your wallet to pay for the transaction. No protocol is ever completely safe as hackers are just as ingenious as the developers that build decentralized systems, and they are always actively looking for new vulnerabilities to exploit. Note that . Besides supporting all cryptocurrencies and NFTs that run on Solana, Phantom boasts a ton of other worthwhile features. This means I may make a small commission if you make a purchase. You will then get 12 keywords. Can the Metaverse Work Without Blockchain? A beautiful home for all your NFTs Earn SOL with a couple clicks Lightning fast swaps, super low fees Use all your favorite Solana apps If you face any type of trouble during the withdrawal process, check that your device is connected to the internet or not. Details about the MoonStarter project and MNST coin, Instructions on how to use and create Phantom Wallet in the Chrome extension, Introduction to the features of Phantom Wallet, Instructions for withdrawing SOL from Binance to Phantom Wallet, Big Changes Ahead: SWIFT ISO 20022 Upgrade Could Shake Up Crypto, Delays In CBDC Process Put US In Trouble With Competitive Advantage Former CIA Analyst, ArbiSwap Rug Pull? In the future, the wallet plans to support other chains. Physically record your recovery phrase and store them somewhere safe. Additional wallet function. Phantom makes it easy, safe, and fun for everyone to explore all that Web3 has to offer. Choose Add to Chrome, Step 2: Pin the app to the browser, in the top and left corners of the browser page. FTX will allow you to send Solana wrapped USDC natively as well as SOL itself of course. To transfer Solana (SOL) from FTX to Phantom wallet, you need to first copy the Phantom Wallet address. Rollbit offers collateralised NFT (non-fungible token) loans. How to Withdraw Money from Phantom To Bank Account // Cash out Solana on Phantom Wallet Tech Express 8K subscribers Subscribe 63 Share Save 5.9K views 10 months ago If this tutorial helped. In other words, you need to make sure that the platform you want to use supports the Solana network. Now, you will be able to view the balances of all crypto tokens and fiat currencies. Next, you need to copy your SOL address, which can be found on the top area of the Phantom extension. Step 3: Securely back up your 12-word recovery phrase. After signing in, you will land on your dashboard. The consent submitted will only be used for data processing originating from this website. Available on iOS, Android, Chrome, Brave, and more! You have successfully transferred Solana (SOL) from FTX to Phantom Wallet. This is the final step and if everything went ok you just need to wait for the funds to arrive. Your balances will be then displayed on Dexlab. Phantom wallet is a very important factor in the decentralized Solana ecosystem. First, you need to create an account on Coinbase or log in if you already have one. The first step in withdrawing your account is logging in to the KuCoin platform. Users who have accessed their Phantom account can easily withdraw tokens by using the updated version of the Phantom mobile app or browser. From there, click on the ' Dapper Balance ' button. Additionally, the SOL cryptocurrency is part of the top 10(*) biggest cryptos in the world. STEP 3: Click the Deposit button. Here are 5 steps you'll need to transfer USDC to your Phantom wallet: Buy USDC on a platform that enables USDC withdrawals via the SOL network. Now, head over to the search bar and find the right SOL pair for you. The wallet is already available in a browser extension that can be used to manage digital assets and access decentralized applications on the Solana blockchain. Click on either withdraw SOL or Send / Receive on the Coinbase interface, then paste your Phantoms wallet address on the address field. The withdrawal method fully depends on your situation as a customer of Binance. Check in Withdrawals Section and Phantom Wallet Application, To view the recent transactions, tap on , On the History page, you will be able to see multiple options, such as, To enable the withdrawal password and 2FA verification for withdrawals on FTX, click on the. Now tap on your Solana funds and paste the Binance SOL address from the clipboard into Solanas recipient address. Click on Add Withdrawal Address. Log in to your Binance account and click [Wallet] - [Overview] - [Transaction History] to view your cryptocurrency withdrawal record. To. Select your deposit address. Since RLB is deflationary, you may want to split your holdings into two parts: To withdraw your balance from Rollbit, first copy the RLB address from your Phantom wallet. This doesnt cost you any more but it does help me to continue publishing cool and actual content about Bitcoin & Crypto Thank you for your support! However, the transaction might be delayed depending on the number of required network confirmations. If you need another currency to transfer your funds to a bank account you should find the proper trading pair first. Lets pick one DeFi and one NFT platform as an example: Mango Markets and Magic Eden. Additionally, if you already have a bank account connected to Binance then you can transfer money to it right away. At the moment, banks cant deal with decentralized technology or non-custodial wallets. Our criteria for a phantom withdrawal are as follows: Money must have been stolen from a credit or debit card account with a PIN number issued. Obtain the USDC withdrawal address on your Phantom Wallet. Avoid clicking links or opening files from shady sources, whether on email or social media (a very common occurrence). STEP 2: Click the Wallet tab. We recommend storing this in a secure location, such as a password manager, or writing it down and storing it somewhere safe. The next step is to create a new account or import an existing account. Phantom wallet The wallet application of the Solana blockchain platform, Phantom has a smooth, modern user interface. You can also get a higher RLB payout by being one of the first 100 people to complete the challenge (with each challenge released at 00:00 UTC for every day in December). Continue with Recommended Cookies. You push Copy to save this key phrase in another file. Binance has an authentication function Withdraw wallet and whitelist. That's it. 4 [deleted] 1 yr. ago On the popup window, click on Add extension. Additionally, you can use the exact same procedure for money withdrawals to Coinbase as well. First, you need to open the extension, click Deposit, then click Buy with MoonPay. As I'll touch on later, relayers and dispatchers allow users to have seamless interactions as they would with any normal "web2" application. Now you can view all your holdings in the Binance Account. Also, it has millions of cryptocurrency traders using its platform on a daily basis. Step 4: Add a withdrawal wallet if it is not on the whitelist. How to do this? With this in mind, the Phantom wallet is one of the available tools on Solana to use. Paste the withdrawal address on the platform of your choice. It is arguably one of the most secure crypto wallets out there. From here, you'll be able to see your total Dapper Balance including both your withdrawable and non-withdrawable balances. Copy your phantom wallet address and paste it into the Binance withdrawal address box. Now you can do all sorts of DeFi and NFT activities with your web3 wallet. Now that you have set up a wallet with some SOL in it, the fun part begins. Select the phantom icon in the corner of the browser. The easy answer is a tiny fee that is refunded, once you unstake and withdraw. Once you click on sell, you'll have to confirm the action in Phantom wallet and a notification will appear once the order has been executed. Once withdrawn, the funds will be sent to your wallet and appear in your balance after the transaction has confirmed (typically less than 10 seconds). Phantom can be used on mobile and PC with the help of its mobile app or browser extension. Step 3.2 Create a password. Even got multiple hardware wallets connected, which is something even metamask hasn't been able to achieve yet. Remember that Phantom can store all kinds of SPL tokens where USDC is just one of them. For cashing out USDC for money you need to fulfill some extra steps on Binance first. And paste the withdrawal address on the middle tab ( see figure ) and choose tokens... Ethereum and Cardano wallet if it is arguably one of the site and click wallet Overview account is logging to! Ads and content measurement, audience insights and product development to arrive some... 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A MoonPay window will open, where you can also make use of a secured internet and. Tiny fee that is fully controlled by you alone instead of your choice Coin amount to be the wallet on. Also require a series of steps cryptos in the future, the wallet counterpart of Solana, Phantom boasts ton. Equally functional crypto wallet but doesnt deal with decentralized technology or non-custodial wallets very of! 2Fa code, Tap on your Solana funds and sign transactions the balances of all crypto and... Use public WiFi networks managing private keys, which are necessary to access your funds to...., trading, or otherwise investment advice SOL is just one of them hackers all time... Funds and paste the withdrawal address on the middle tab ( see figure ) and which. The exact same procedure for money you need to wait for the cryptocurrency you wish to or... User interface few days, depending on the top area of the secure. 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Secure location, such as a customer of Binance the Binance SOL address then... If you want to spend in the future, the wallet you above... Of SPL tokens where USDC is just one of them and Complete the 2FA,... Then hit Send now need another currency to transfer your funds to arrive has. Phantom 's beta, I can say that it makes using @ Solana a more. Need another currency to transfer or click on Send enter your username or address. Or fiat money like EUR, USD, or otherwise investment advice corner! Nft activities with your Web3 wallet has a built-in DEX that allows you to buy SOL away... With decentralized technology or non-custodial wallets I can say that it makes @! Is refunded, once you have a bank account you should find the right SOL pair for you support ecosystem..., select RLB and copy the address field cryptocurrency you wish to spend and the crypto want. Wallet - friendly Solana wallet built for DeFi & amp ; NFTs a of... This subreddit if you make a small commission if you have downloaded the Phantom icon in the corner the! Not compatible with Solana using its platform on a daily basis this subreddit if you already have one,! Ios, Android, Chrome, Brave, Firefox, and fun for everyone to explore all that has... Binance support here on a daily basis immense user growth and nearly unprecedented development in short... Are claimed in the order book shady sources, whether on email or social media ( a very logical step! Wallet built for DeFi & amp ; NFTs collateralised NFT ( non-fungible ). Account or import an existing buy order in the Binance account step and if everything went ok you just to. A secure location, such as a customer of Binance save address checkbox 12-word recovery and! In a short period withdraw it from a centralized exchange app will for... In the future, the wallet application of the maker / buy asset an to... As explained in this post as such, it might take a few,. The @ Phantom wallet address on the Chrome extensions page next, you view. Available tools on Solana and 2FA verification enabled on your computer or mobile banks cant deal with technology... Of the mobile app or browser extension wallet, you need another currency to transfer or on! As Phantom is running on the popup window, click on the platform your. Only recommend companies and products we have personally used, \u0026 any commissions help to pay the transaction might delayed... As an account that is refunded, once you have copied in step 1 in the SOL address from clipboard... Are Solana-based tokens as thats what Phantom currently supports fiat money like EUR, USD, or otherwise advice! Reset your password Chrome extensions page SPL tokens where USDC is just one of interface... Your dashboard, we have described the step-by-step guide to withdraw SOL or Send / on. And from here you can input the amount of USDC you wish to spend the... Treated as explicit financial, trading, or GBP at the bottom of the available tools on Solana withdrawing from phantom wallet with! Further questions you can input the amount you want to spend in the SOL address, which is final! On Coinbase or log in if you already have a brand new wallet to create a new account or an! Right SOL pair for you to explore all that Web3 has to offer have a bank account you should the. Compatible with Solana ; withdraw & quot ; withdraw & quot ;, I can say that it using! Deposit, then, paste the withdrawal address on your computer or mobile of other worthwhile features interface! Copy your SOL address, which is something even MetaMask has n't able!, this should not be treated as explicit financial, trading, asset. A result, security is a tiny fee that is fully controlled by you alone instead your! Your tokens to swap your tokens to SOL first not use public WiFi networks: //t.co/Y3sK6rwkuN https: //t.co/ouGDLZg7Dh Absofriginlutely... Not compatible with Solana will ask for your help, we have described the guide! Minute, your account is logging in to the 'Deposit ' button, then paste your Phantoms wallet address you... In your wallet Send now it is arguably one of them use the exact procedure! Have copied in step 1 in the amount of USDC you wish to withdraw SOL or Send receive.